Overview
What is Lions Business Opportunities For The Missouri Blind Inc?
Lions Business Opportunities for the Missouri Blind Inc. is a nonprofit organization based in Jefferson City, Missouri, specifically at 615 Howerton Court. Their primary mission is to rehabilitate and empower the blind community, enabling them to become self-sufficient. They achieve this through an employment program that involves training and supervising the Missouri blind. The association is also responsible for procuring, repairing, and maintaining the equipment at the vending facilities operated by the blind. This program offers extended training and opportunities for upward mobility. Furthermore, Lions Business Opportunities for the Missouri Blind Inc. has a management support service that handles the accounting and bookkeeping for the vending facilities, supporting the overall operation of the program. The organization employs around 20 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Lions Business Opportunities For The Missouri Blind Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's score is entirely derived from its accountability metrics, indicating a robust commitment to transparency and financial integrity. With a score of 90% in this category, they have demonstrated effective management of resources, ensuring that a substantial portion of funds is allocated directly to programs.
The organization showcases several strengths, including having an entirely independent board, which is vital for impartial decision-making. They also scored full marks in key areas such as financial statements oversight and the absence of material diversion of assets. Additionally, the implementation of policies like whistleblower protection and document retention demonstrates a comprehensive approach to governance and ethical management.
While the financial ratios are favorable, with a low liabilities-to-assets ratio and a high program expense ratio, it is essential for potential donors and stakeholders to remain aware of any emerging challenges. Nonetheless, the current metrics indicate that Lions Business Opportunities For The Missouri Blind Inc is effectively fulfilling its mission while maintaining a strong foundation in financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lions Business Opportunities For The Missouri Blind Inc legitimate?
Lions Business Opportunities For The Missouri Blind Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lions Business Opportunities For The Missouri Blind Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,918
For more financial information, click here
What is the mission statement of Lions Business Opportunities For The Missouri Blind Inc?
Lions Business Opportunities for the Missouri Blind Inc is committed to the rehabilitation of the blind, enabling them to become self-sufficient. This organization serves as an employment program, providing training and supervision to individuals who are visually impaired. They are responsible for procuring, maintaining, and repairing the equipment used in the vending facilities operated by the Missouri blind. The association offers extended training and opportunities for upward mobility. Additionally, Lions Business Opportunities for the Missouri Blind Inc has a management support service that handles the accounting and bookkeeping for these vending facilities, ensuring their smooth operation.
Who is the CEO of Lions Business Opportunities For The Missouri Blind Inc?
Walt Hamer is the President of Lions Business Opportunities For The Missouri Blind Inc.
What is the revenue of Lions Business Opportunities For The Missouri Blind Inc?
Lions Business Opportunities For The Missouri Blind Inc's revenue in 2022 was $832,892.
Who are the executives of Lions Business Opportunities For The Missouri Blind Inc and what are their salaries?
The average compensation at Lions Business Opportunities For The Missouri Blind Inc during 2022 was $9,946. There are 20 employees and 7 volunteers at Lions Business Opportunities For The Missouri Blind Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Lions Business Opportunities For The Missouri Blind Inc?
Lions Business Opportunities For The Missouri Blind Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lions Business Opportunities For The Missouri Blind Inc
Lions Business Opportunities for the Missouri Blind Inc, a nonprofit organization, is dedicated to rehabilitating individuals who are blind, empowering them to become self-sufficient. The mission of this association is to provide training and supervision to the Missouri blind, enabling them to operate and maintain vending facilities. By doing so, Lions Business Opportunities for the Missouri Blind Inc offers extended training opportunities and the potential for upward mobility. Additionally, the organization has a management support service that handles all accounting and bookkeeping tasks for the vending facilities, ensuring the smooth operation of the program. This nonprofit's mission is to transform the lives of the blind, providing them with the skills and support needed to become self-supporting members of society.
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Impact
July, 2024
Lions Business Opportunities For The Missouri Blind Inc's impact is significant in providing employment opportunities for the blind in Missouri. By offering training, supervision, and support services for blind individuals to operate vending facilities, this organization plays a crucial role in enabling self-sufficiency and upward mobility for the visually impaired community. Through their rehabilitation efforts, they empower individuals to become self-supporting and contribute to the workforce, ultimately enhancing the quality of life for the blind population in Missouri.
This information is meant to be a general summary of Lions Business Opportunities For The Missouri Blind Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,074
- Program Service Revenue: $675,828
- Gross Receipts: $832,892
Assets and Liabilities:
- Total Assets: $1,363,290
- Total Liabilities: $80,403
- Net Assets: $1,282,887
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$156,331
COMMISSIONS
Revenue
$115,105
MANAGED FACILITY COMMISSI
Revenue
$271,359
REST AREA COMMISSIONS
Revenue
$133,033
Organization Details
Founding Year
1956
Phone
(573) 751-3369Principal Officer
Walt Hamer
Main Address
615 HOWERTON COURT, JEFFERSON CITY, MO, 65102
NTEE Category
Code: J30 - Employment
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